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20121220
20121220
Search Results 0 to 12 of about 13 (some duplicates have been removed)
that it will affect 90% of people in metropolitan areas? >> if you're not paying a next year, thank the new york delegation. they are the ones leaving it. gerri: big news, g by 40% stake in the compa. >> castillo is about $50 billion. the prices of stock have to get up to $69 it's down around 24 right now. i'm not going to hold my breath on that one. but i think that gm understood that it had to do something. because its own internal polling and focus groups suggest there was a stigma -- as public attached a stigma that they had taken this public money, which is very inresting to me. it may have helped rocco, when michigan and ohio, but it didn't help gm. >> gm is giving the stock at a bargain. the ipo is $10 more per share. the one that's just terrible. >> i think that the government should get out of this quickly as possible. obviously you want to do it in an orderly fashion. the were never going to happen again. who president of the government actually taking over, taking a controlling share, calling shots, who is going to be the ceo and stuff like that. the sooner we get past that, the bette
of companies, foreign companies listing in new york is down. people don't want to list new york with all this uncertainty and regulations. ipos are down, small business start-ups are down. so the president needs to level with the american people a tremendously insurmountable entitlement problem unless we do something structural. that is what he should be doing, and that is what it's all about. right now it's all about taxes. gerri: no one is doing that right now. a last word here. everybody wants to have something bigger done. it doesn't seem possible right now. do you think ultimately congress and the white house will find some common ground? >> i think they will. they always do. again, one of our other guests has talked to me about that churchill "which is america has this inevitable way of doing the right thing. how this we will do something right. gerri: very good point. thank you so much. thank you for coming on tonight. appreciate your time. have a great holiday. still to come, reaction to the takeover of the nyse, and a huge highest involving one of the world's most valuable commo
of the merger. i was hearing it was a full out acquisition, the new york stock exchange getting bought by the intercontinental exchange and that blew me away. it is an amazing story. we fight for seconds here. going on the air, basically saying at the new york stock exchange about the taken over, this is not a merger of equalss, this is a takeover of the most venerable, one of the most venerable institutions in american finance, the new york stock exchange. it is been there since the old button agreement. [talking over each other] charlie: that is why they call it -- they became essentially a club of freighters under that and expanded to much bigger than a tree, beautiful headquarters, but here is the thing. when i started to digest it it was a phenomenal story. the intercontinental exchange was created only 12 years ago by jeff springer, a longtime executive in the energy industry. people don't realize energy is a commodity, commodities are traded in exchanges locking in costs. he came up with a system to forget about the pits of chicago where people ice-cream at each other or new yor
, that was interesting. new york values went up as well. lori: markets are scattered. that is a debate over what the fines wealth in america, cost of living, property values, you can't have one single threshold the works across the board because -- lori: bringing it back to taxes. melissa: i love it. lori: and $8 billion deal, what does it mean for the future of trading? charlie gasparino will be along with exclusive details. melissa: look at how the dollar is fairing, the market up slightly and with that, currencies are weaker across the board. we will be right back. melissa: we want to take you to capitol hill, john boehner. >> the president called on the house again and again to pass a bill to protect 98% of the american people from a tax hike. today we will do better than that. our bill will protect 99.81% of the american people from an increase in taxes. it is permanent tax relief for individuals. a permanent hatch on the alternative minimum tax, the marriage penalty, death tax relief and permanent extension of higher child tax credit and capital gains and dividends rates we see today. all
you for your views, and thank you for sharing them with us, that is it foo us, joit from new york. york. >> unions, i think they could be the death of us, welcome, i am neil cavuto, despite throwing some punches over michigan becoming a right-to-work state, many unions, making sure the other 26 states do not follow. that does not mean that unions have given up on michigan and maybe ball the governor who put this, does wisconsin ring a bell? that is not a surprise. but what is a surprise how they are doing it. this could be the union equivalent of the pledge by enforced by louder and stronger guys. they have no issue, a pledge not to break up unions. never md this threatens businesses coming to their state or hiring more workers in their state, a lot figure out if they are not union workers, maybe they are knol not real workers,s such edstupid, and dangerous. do you want to know my biggest worry for the new year? it is not a cliff, i think will pass, stubborn politicians see the night. it is be on i union bosses who e their own members because they are fuse on see the light. why no
. >> in times of stress, this economy turns to the new york stock exchange. there is a reason there is an american flag wrapped around the front of this building. charlie: you are committed to the floor traders, keeping them here? >> absolutely. connell: charlie live now from the floor. pretty big day down there, obviously. charlie: i am blown away by this story. we were pretty much on this thing from the get go. this was on a merger. the initial reports coming out of the, i believe, "wall street journal." this is a 200-year-old institution being taken over by a company from atlanta that has been in business for the last 12 years. this is amazing. that is like the glass half empty or half full power. about another year ago, we were talking about, and a lot of people moaning about a german institution taking over the new york stock exchange. that says something about america's dominance in world finance. we are seeing an entrepreneurial company now taking over the stock exchange. that is not bad. that is what american capitalism is all about. that is something to be celebrating
going? are we going to end up with just one exchange at some point. >> right here in new york. it will be slated. i would not be surprised in three years that new york stock exchange buys nazdaq i'll leave it at that. gerri: oh, boy charlie thank you, appreciate your time and breaking news that is the willis report, thank you for joining us. lou: good evening, president obama and time honored phrase could be about on snatch defeat from the jawzs of victory, things not looking so good for the president in negotiations over the fifth most actively traded issue. over the fifth -- fifth call cliff. that seem yesterday to be making progress, demanding that congress raise taxes while threatening to veto a bill that would keep current tax rates in place for 99% of the country, the president further demanding that washington go his way or no way at all, president obama seems to be on his way to perhaps becoming the imperious president. >> i've asked the vice president to lead an effort that includes members of my cabinet and outside organization to come up with concrete proposals no l
street. a historic day for the new york stock exchange, the ice, going to buy it. dow jones industrials up, pretty much highs of the session. the nasdaq up just 1/4% russell up 14%. ashley: bold sliding to the lowest level in four months dropping a one.3% after a report that the u.s. economy grew more than expected, gold lining stocks into the red, all posting losses and anglo gold hitting a 52 week low. liz: what looks good? financial sector, climbing within 1%, citigroup looking pretty healthy just under 2%, bank of new york mullen, royal bank of scotland hitting 52 week highs today. ashley: natural gas climbing for the third time in four days after reports show u.s. supply falling more than expected, natural gas for january delivery ending the day up 1.3%. liz: that storm over the midwest. you see that thing out side, winnebago, the largest u.s. motor home maker is getting bigger. increasing production to mean growing demand, just reported better than expected results and that is why we slept this thing outside our studio. you don't want to know, it is $350,000 with a steering wheel
appreciate you being on the show. out of time. the new york stock exchange getting taken over, for more than $8 billion. here is what we want to know. will those 4 traders still be there or will we go to computers? charlie gasparino on the floor of the stock exchange with duncan neiderauer. charlie: not just duncan neiderauer but jeff springer. i want to get this clear. the millions are predicting the end of the world at the end of december and the nyse-listed sells the intercontinental exchange. is there any connection here? of the world ends tomorrow i guess that is an execution risk we have not tracked into the confirmation, let's hope the mind are wrong. >> i think it is an amazing building 200-year-old institution being taken over by a 20 year institution. how does that happen? >> 12 the year. >> you overstate my age. what is interesting is the new york stock exchange is a network that started 200 years ago but today you could start a network and you and i have been a part of watching networks create organically quickly, that is what technology has done, what facebook is, what amazon is
in new york and new jersey, politicians are using that as an excuse to get as much money as they can. politicians in washington are turning if into a christmas tree, of pork-barrelspending. melissa: no you're thegrin much say forget. brian what do you say? >> well i would agree with that. you know the fema budget was 3 dalillion in the year 2000. this year it will be over $13 billion. at its peak it was 20 one after katrina. it has become a slush fund for local and state governments in a way for the federal government to redistribute monies to areas that are hit but in politically favored way. >> kirsten, do you want to save anyone's christmas on this list or we're throwing them all into the fire? >> like i said. i don't see them as bailouts. i see them as money spent the government has to honor. they can't just not pay debts that have been incurred in their name. once, the money has been spent. it is just lke the debt ceiling. people say don't raise the debt ceiling. sorry the mone is already spent. melissa: would you bail them out and shut them down then because they're not -- >> i
to be asking right now. >> now the film isn't even out yet. it is limited release in new york and los angeles on december the 28th. it opens nationwide on january 4th but conservative bloggers got a hold of the copy of the script. when they looked through it, melissa, they this is really one-sided piece that looks more like a hit job against fracking than a balanced look at the natural gas industry. melissa: i think it is interesting it was supposed to be about the impacts on salmon and all of sudden turned over to fracking which is so popular right now. they're keying on something a revolution in this country. what has the industry's reaction been like so far? what do they think? >> no question the industry is worried about this. i talked to one industry analyst thought this could be to the fracking industry what the film the china syndrome with jane fonda and jack lemmon was to the nuclear power industry. charles ebinger is analyst with the brookings institute. here is what he told me. >> matt damon will give a convincing actor, undoubtedly casting concerns about shale gas on horizon and th
Search Results 0 to 12 of about 13 (some duplicates have been removed)